Common use of Effect on performance of obligation Clause in Contracts

Effect on performance of obligation. A party’s obligation under this Agreement and any reserve contract (other than an obligation to pay money) shall be suspended during the time and to the extent that the party (“affected party”) is unable to comply with that obligation by reason of the occurrence of an event of force majeure.

Appears in 3 contracts

Samples: Rert Panel Agreement, Rert Panel Agreement, Rert Panel Agreement

AutoNDA by SimpleDocs

Effect on performance of obligation. A party’s obligation under this Agreement and any reserve contract (other than an obligation to pay money, including an obligation to repay money) shall be suspended during the time and to the extent that the party (“affected party”) is unable to comply with that obligation by reason of the occurrence of an event of force majeure.

Appears in 1 contract

Samples: Reserve Contract

AutoNDA by SimpleDocs

Effect on performance of obligation. A party’s obligation under this Agreement and any reserve contract (other than an obligation to pay money) shall be suspended during the time and to the extent that the party (affected party) is unable to comply with that obligation by reason of the occurrence of an event Event of force majeureForce Majeure.

Appears in 1 contract

Samples: System Strength Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!